# Kuaishou's Kling AI Picks Banks for Over $1 Billion IPO as Shares Jump 3.4%

*2026-10-07 18:00 UTC · AI · 1 min read*

> Kuaishou's Kling AI has hired CICC, Goldman Sachs and UBS for an IPO that could raise over $1 billion, valuing the unit near $18 billion.

Kuaishou Technology shares rose 3.4% to HK$30.50 on Tuesday after Bloomberg reported that its Kling AI video-generation unit has chosen banks for an initial public offering. China International Capital Corp., Goldman Sachs and UBS are working on a listing that could raise more than $1 billion.

The offering could come as soon as next year. Kling recently secured up to $3 billion in new funding at a post-money valuation of roughly $18 billion, backed by a consortium of technology and financial investors.

Kuaishou is also set to officially launch Kling 4.0, the unit's latest AI video model, this month. The Hang Seng index gained 0.66% on the same day.

## Sources

- [investing.com](https://www.investing.com/news/stock-market-news/why-is-kuaishou-technology-stock-rallying-today-93CH-4933311)

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TechTools News · https://techtools.cz/tools/news/article/2482-kuaishou-s-kling-ai-picks-banks-for-over-1-billion-ipo-as-shares-jump-3-4
Česká verze: https://techtools.cz/tools/news/clanek/2556-kling-ai-od-kuaishou-si-vybrala-banky-pro-ipo-za-vice-nez-miliardu-dolaru-akcie